How to Determine the Right Amount of Coverage Needed
Posted: September 7, 2022
Life insurance – everyone needs it, but how much coverage do you need? Every individual has a unique situation and choosing the amount of coverage requires calculating specific factors. These include the financial obligations that would be left should you suddenly pass away, including: Income replacement: Your loved ones can be left in a dangerous financial condition without the income you bring to the family....
How A Traffic Ticket Can Affect Your Life Insurance
Posted: August 22, 2022
No one is perfect, and most people get a traffic ticket at least one in their lifetimes. But the truth is, your driving record can significantly affect your life insurance. If you have a current life insurance policy and you get a speeding ticket, it will not affect your rates. On the other hand, if you are applying for a new policy or additional coverage,...
3 Key Differences Between Whole Life Insurance & Term Life Insurance
Posted: July 22, 2022
Insurance can be a confusing subject, and at our local agency, we want to clear up some basic questions for you. Most families put some type of life insurance in place, and figuring out whether they should buy "whole life insurance" or "term insurance" is the big question. These are very different insurance products, each with pros and cons. 1. Term life insurance is cheaper,...
Should You Insure While You’re Young?
Posted: July 7, 2022
Regardless of your age, if you are married or have children, the benefits of life insurance are obvious: you want to continue to provide for your loved ones should the unexpected occur. If you're young, healthy, and single with no dependents, getting life insurance may be the furthest thing from your mind. No one likes considering their own mortality, especially in their twenties, when this...
Are You Underestimating Your Need for Disability Insurance?
Posted: June 22, 2022
If you don’t place a high priority on disability insurance, you are not alone. Although most people underestimate their chances of disability, the risk is higher than you might think. Approximately one-third of the population will experience a disability before 65, as reported on Kiplinger. Underestimating the odds of needing disability insurance could be a big mistake. According to TMA Insurance Trust: Approximately one in...